The Market Yesterday
EGP / USD CBE market average: Buy 17.85 | Sell 17.95
EGP / USD at CIB: Buy 17.85 | Sell 17.95
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Sunday): 15,378 (+1.2%)
Turnover: EGP 403 mn (56% above the 90-day average)
EGX 30 year-to-date: +2.4%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.2%. CIB, the index heaviest constituent ended up 0.7%. EGX30’s top performing constituents were Eastern Co. up 5.3%, Egyptian Iron & Steel up 3.9%, and EFG Hermes up 3.8%. Yesterday’s worst performing stocks were Porto Group down 4.2%, GB Auto down 1.4%, and Emaar Misr down 1.4%. The market turnover was EGP 403 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -11.5 mn
Regional: Net Short | EGP -2.4 mn
Domestic: Net Long | EGP +13.9 mn
Retail: 78.1% of total trades | 79.2% of buyers | 76.9% of sellers
Institutions: 21.9% of total trades | 20.8% of buyers | 23.1% of sellers
Foreign: 5.0% of total | 3.6% of buyers | 6.5% of sellers
Regional: 6.8% of total | 6.5% of buyers | 7.1% of sellers
Domestic: 88.2% of total | 89.9% of buyers | 86.4% of sellers
WTI: USD 68.90 (+0.31%)
Brent: USD 74.18 (-0.15%)
Natural Gas (Nymex, futures prices) USD 2.79 MMBtu, (+0.25%, September 2018 contract)
Gold: USD 1,231.80 / troy ounce (-0.07%)
TASI: 8,307.42 (-0.72%) (YTD: +14.96%)
ADX: 4,832.22 (-0.25%) (YTD: +9.86%)
DFM: 2,941.81 (-0.24%) (YTD: -12.71%)
KSE Premier Market: 5,388.61 (+0.19%)
QE: 9,630.39 (+0.23%) (YTD: +12.99%)
MSM: 4,338.36 (+0.06%) (YTD: -14.92%)
BB: 1,369.53 (+0.12%) (YTD: +2.84%)